Sure I've read it (little of it below for anyone who wants a...

Sure I've read it (little of it below for anyone who wants a read).

977,000 may be a number but surely it's better than 0 eh?

An 'Inferred Mineral Resource' is that part of a Mineral
Resource for which tonnage, grade and mineral content
can be estimated with a low level of confidence. It is
inferred from geological evidence and assumed but not verified geological and/or grade continuity. It is based
on information gathered through appropriate
techniques from locations such as outcrops, trenches,
pits, workings and drill holes which may be limited or
of uncertain quality and reliability.
An Inferred Mineral Resource has a lower level of confidence
than that applying to an Indicated Mineral Resource.
The Inferred category is intended to cover situations
where a mineral concentration or occurrence has
been identified and limited measurements and
sampling completed, but where the data are
insufficient to allow the geological and/or grade
continuity to be confidently interpreted. Commonly,
it would be reasonable to expect that the majority of
Inferred Mineral Resources would upgrade to
Indicated Mineral Resources with continued
exploration. However, due to the uncertainty of
Inferred Mineral Resources, it should not be assumed
that such upgrading will always occur.
Confidence in the estimate of Inferred Mineral
Resources is usually not sufficient to allow the results
of the application of technical and economic
parameters to be used for detailed planning. For this
reason, there is no direct link from an Inferred Resource
to any category of Ore Reserves (see Figure 1).
Caution should be exercised if this category is
considered in technical and economic studies.

An 'Indicated Mineral Resource' is that part of a Mineral
Resource for which tonnage, densities, shape, physical
characteristics, grade and mineral content can be
estimated with a reasonable level of confidence. It is
based on exploration, sampling and testing information
gathered through appropriate techniques from locations
such as outcrops, trenches, pits, workings and drill
holes. The locations are too widely or inappropriately
spaced to confirm geological and/or grade continuity but
are spaced closely enough for continuity to be assumed.
An Indicated Mineral Resource has a lower level of
confidence than that applying to a Measured Mineral
Resource, but has a higher level of confidence than that
applying to an Inferred Mineral Resource.
Mineralisation may be classified as an Indicated
Mineral Resource when the nature, quality, amount
and distribution of data are such as to allow confident
interpretation of the geological framework and to
assume continuity of mineralisation.
Confidence in the estimate is sufficient to allow the
application of technical and economic parameters,
and to enable an evaluation of economic viability.


A 'Measured Mineral Resource' is that part of a Mineral
Resource for which tonnage, densities, shape, physical
characteristics, grade and mineral content can be
estimated with a high level of confidence. It is based
on detailed and reliable exploration, sampling and testing
information gathered through appropriate techniques
from locations such as outcrops, trenches, pits, workings
and drill holes. The locations are spaced closely enough
to confirm geological and grade continuity.
Mineralisation may be classified as a Measured
Mineral Resource when the nature, quality, amount
and distribution of data are such as to leave no
reasonable doubt, in the opinion of the Competent
Person determining the Mineral Resource, that the
tonnage and grade of the mineralisation can be
estimated to within close limits, and that any variation
from the estimate would be unlikely to significantly
affect potential economic viability.
This category requires a high level of confidence in,
and understanding of, the geology and controls of
the mineral deposit.
Confidence in the estimate is sufficient to allow the
application of technical and economic parameters
and to enable an evaluation of economic viability
that has a greater degree of certainty than an
evaluation based on an Indicated Mineral Resource.